ICON Laser Eye Centers, Inc. COO, Ghassan Barazi Appointed COO Of VisionAmerica.

Business Editors

TORONTO--(BUSINESS WIRE)--March 28, 2000

Ernest Remo ICON Vice-Chairman On Key VisionAmerica Committees

ICON Laser Eye Centers, Inc. (CDN:ILEC.U) ("ICON") announced that its COO Ghassan Barazi has also been appointed COO of VisionAmerica Incorporated (NASDAQ:VSNA).

Mr. Barazi will operate from Memphis, TN and Windsor, Ontario and will primarily direct the laser vision correction and cataract operating businesses. Tom Lewis, CEO of VisionAmerica will primarily focus on divestiture activities, cost containment measures and other core VisionAmerica business including practice management and ambulatory surgical centers. VisionAmerica was the founder of a majority of its physician practices as opposed to being an acquirer of practices and was therefore able to build value in its markets. Mr. Barazi has actively managed laser vision correction and cataract centers since 1990.

Mr. Ghassan Barazi, COO of ICON stated, "ICON and VisionAmerica are effectively joint operating the roll-out of ICON's "Value LASIK" strategy to each of the 22-25 VSNA laser vision correction centers. The cataract and ambulatory surgical centers are separate profit centers, which afford us an opportunity to introduce new strategies and programs that should over time reap substantial rewards. The physician practice management business will be sold only at fair value or alternatively, will be retained and utilized as infrastructure for our laser vision and cataract business. ICON is dedicated to creating value for all shareholders on an accelerated basis."

There are currently 16,697,864 common shares of ICON issued and outstanding and 23,245,309 fully ...